NYSE:BLND Blend Labs (BLND) Stock Forecast, Price & News $0.92 +0.04 (+3.94%) (As of 05/26/2023 07:00 PM ET) Add Compare Share Share Today's Range$0.80▼$0.9950-Day Range$0.55▼$1.1152-Week Range$0.53▼$3.85Volume1.31 million shsAverage Volume1.70 million shsMarket Capitalization$215.36 millionP/E RatioN/ADividend YieldN/APrice Target$2.24 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Blend Labs MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside142.8% Upside$2.24 Price TargetShort InterestBearish10.24% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.55Based on 3 Articles This WeekInsider TradingSelling Shares$299,857 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.77) to ($0.55) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.87 out of 5 starsComputer And Technology Sector463rd out of 618 stocksComputer Programming, Data Processing, & Other Computer Related Industry43rd out of 61 stocks 3.1 Analyst's Opinion Consensus RatingBlend Labs has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $2.24, Blend Labs has a forecasted upside of 142.8% from its current price of $0.92.Amount of Analyst CoverageBlend Labs has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.24% of the float of Blend Labs has been sold short.Short Interest Ratio / Days to CoverBlend Labs has a short interest ratio ("days to cover") of 8.4.Change versus previous monthShort interest in Blend Labs has recently increased by 36.68%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldBlend Labs does not currently pay a dividend.Dividend GrowthBlend Labs does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BLND. Previous Next 2.0 News and Social Media Coverage News SentimentBlend Labs has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Blend Labs this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for BLND on MarketBeat in the last 30 days. This is a decrease of -55% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Blend Labs insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $299,857.00 in company stock.Percentage Held by Insiders15.57% of the stock of Blend Labs is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions60.42% of the stock of Blend Labs is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Blend Labs are expected to grow in the coming year, from ($0.77) to ($0.55) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Blend Labs is -0.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Blend Labs is -0.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBlend Labs has a P/B Ratio of 1.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Blend Labs (NYSE:BLND) StockBlend Labs, Inc. provides cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company offers a suite of white-label products for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts. It also provides a suite of mortgage products that facilitates homeownership journey for consumers comprising close, income verification for mortgage, homeowners insurance, and realty. In addition, the company offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and professional and consulting services. It serves banks, credit unions, financial technology companies, and non-bank mortgage lenders. Blend Labs, Inc. was incorporated in 2012 and is headquartered in San Francisco, California.Read More Receive BLND Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Blend Labs and its competitors with MarketBeat's FREE daily newsletter. Email Address BLND Stock News HeadlinesMay 27, 2023 | americanbankingnews.comBlend Labs, Inc. (NYSE:BLND) Given Average Rating of "Hold" by AnalystsMay 25, 2023 | finance.yahoo.comNations Lending Chooses Blend to Streamline the Mortgage Origination ProcessMay 29, 2023 | Altimetry (Ad)Biden's latest bailout--terrible for America?And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—May 23, 2023 | finance.yahoo.comBlend Announces Availability of Soft Credit FunctionalityMay 14, 2023 | insidermonkey.comBlend Labs, Inc. (NYSE:BLND) Q1 2023 Earnings Call TranscriptMay 11, 2023 | finance.yahoo.comComposable Tech Is Growing At An Estimated 50.4% Annually - This Fintech Is Aiming To Capture More Of That Market With Its New Composable Origination TechMay 10, 2023 | markets.businessinsider.com7 Analysts Have This to Say About Blend LabsMay 10, 2023 | msn.comPiper Sandler Maintains Blend Labs Inc - (BLND) Neutral RecommendationMay 29, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 10, 2023 | finanznachrichten.deBlend Labs, Inc. Announces First Quarter 2023 Financial ResultsMay 9, 2023 | msn.comRecap: Blend Labs Q1 EarningsMay 9, 2023 | finance.yahoo.comBlend Labs (BLND) Reports Q1 Loss, Tops Revenue EstimatesMay 9, 2023 | finance.yahoo.comBlend Announces First Quarter 2023 Financial ResultsMay 8, 2023 | benzinga.comPreview: Blend Labs's EarningsMay 8, 2023 | americanbankingnews.comBlend Labs (BLND) to Release Earnings on TuesdayMay 4, 2023 | finance.yahoo.comBlend Receives Continued Listing Standard Notice from NYSEMay 4, 2023 | finance.yahoo.comBlend Labs, Inc.'s (NYSE:BLND) latest 20% decline adds to one-year losses, institutional investors may consider drastic measuresMay 3, 2023 | finance.yahoo.comBanks Risk Losing Deposits In The Great Wealth Transfer As Millennials Flock To Digital Financial Services - Blend Is Helping Them Get Younger Customers BackMay 3, 2023 | americanbankingnews.comBlend Labs, Inc. (NYSE:BLND) Insider Nima Ghamsari Sells 230,770 Shares of StockMay 2, 2023 | finanznachrichten.deBlend Labs Inc.: Financial Institutions Are Facing A Crisis Of Confidence - Here's How Some Banks Are Building Trust Among Anxious ConsumersApril 30, 2023 | americanbankingnews.comBrokerages Set Blend Labs, Inc. (NYSE:BLND) Price Target at $2.52April 28, 2023 | msn.comGoldman Sachs Maintains Blend Labs Inc - (BLND) Buy RecommendationApril 26, 2023 | finance.yahoo.comBlend to Announce First Quarter 2023 Financial Results on May 9, 2023April 25, 2023 | finance.yahoo.comAtlantic Coast Mortgage Streamlines eClosings with BlendApril 24, 2023 | benzinga.com1BLND : Banks Risk Losing Deposits In The Great Wealth Transfer As Millennials Flock...April 22, 2023 | americanbankingnews.comCritical Review: DigitalOcean (NASDAQ:DOCN) versus Blend Labs (NYSE:BLND)April 19, 2023 | americanbankingnews.comComparing Blend Labs (NYSE:BLND) & Similarweb (NYSE:SMWB)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive BLND Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Blend Labs and its competitors with MarketBeat's FREE daily newsletter. Email Address BLND Company Calendar Last Earnings3/16/2023Today5/29/2023Next Earnings (Estimated)8/21/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:BLND CUSIPN/A CIK1855747 Webwww.blend.com Phone650-550-4810FaxN/AEmployees1,546Year FoundedN/APrice Target and Rating Average Stock Price Forecast$2.24 High Stock Price Forecast$4.00 Low Stock Price Forecast$1.30 Forecasted Upside/Downside+142.8%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($3.26) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-720,170,000.00 Net Margins-379.35% Pretax Margin-376.57% Return on Equity-172.11% Return on Assets-58.50% Debt Debt-to-Equity Ratio3.05 Current Ratio8.77 Quick Ratio8.77 Sales & Book Value Annual Sales$235.20 million Price / Sales0.92 Cash Flow$0.78 per share Price / Cash Flow1.18 Book Value$0.55 per share Price / Book1.68Miscellaneous Outstanding Shares233,300,000Free Float196,975,000Market Cap$215.36 million OptionableNot Optionable Beta0.33 Key ExecutivesMr. Nima Ghamsari (Age 37)Co-Founder, Chairman, CEO & Head of Blend Comp: $326.25kMr. Timothy J. Mayopoulos (Age 64)Pres & Director Comp: $1.01MMr. Erin James Collard (Age 43)Co-Founder & Director Ms. Crystal Sumner (Age 39)Head of Legal, Compliance and Risk & Corp. Sec. Comp: $376.35kMr. Rosco HillCo-FounderMr. Marc S. Greenberg (Age 52)Head Of Fin. and Facilities & Principal Financial Officer Mr. Sebastian JollHead of Customer Success & OperationsMr. Manish Gupta (Age 51)Controller & Principal Accounting Officer Mr. Dan L. SmithHead of Treasury & Investor RelationsMr. Naman KhanHead of MarketingMore ExecutivesKey CompetitorsSify TechnologiesNASDAQ:SIFYTrueCarNASDAQ:TRUESimilarwebNYSE:SMWBSangoma TechnologiesNASDAQ:SANGVNET GroupNASDAQ:VNETView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Bought 377,061 shares on 5/22/2023Ownership: 0.162%JPMorgan Chase & Co.Bought 34,435 shares on 5/18/2023Ownership: 0.062%New York State Common Retirement FundSold 51,400 shares on 5/18/2023Ownership: 0.034%Susquehanna International Group LLPBought 26,859 shares on 5/16/2023Ownership: 0.063%AQR Capital Management LLCBought 21,102 shares on 5/16/2023Ownership: 0.051%View All Insider TransactionsView All Institutional Transactions BLND Stock - Frequently Asked Questions Should I buy or sell Blend Labs stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Blend Labs in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BLND shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BLND, but not buy additional shares or sell existing shares. View BLND analyst ratings or view top-rated stocks. What is Blend Labs' stock price forecast for 2023? 5 equities research analysts have issued 12-month target prices for Blend Labs' shares. Their BLND share price forecasts range from $1.30 to $4.00. On average, they expect the company's share price to reach $2.24 in the next twelve months. This suggests a possible upside of 142.8% from the stock's current price. View analysts price targets for BLND or view top-rated stocks among Wall Street analysts. How have BLND shares performed in 2023? Blend Labs' stock was trading at $1.44 at the beginning of 2023. Since then, BLND stock has decreased by 35.9% and is now trading at $0.9231. View the best growth stocks for 2023 here. Are investors shorting Blend Labs? Blend Labs saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 11,070,000 shares, an increase of 5.6% from the April 15th total of 10,480,000 shares. Based on an average daily volume of 1,820,000 shares, the short-interest ratio is currently 6.1 days. Approximately 7.2% of the company's shares are short sold. View Blend Labs' Short Interest. When is Blend Labs' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023. View our BLND earnings forecast. How were Blend Labs' earnings last quarter? Blend Labs, Inc. (NYSE:BLND) issued its earnings results on Thursday, March, 16th. The company reported ($0.33) EPS for the quarter, missing the consensus estimate of ($0.18) by $0.15. The firm earned $42.79 million during the quarter, compared to analysts' expectations of $44.60 million. Blend Labs had a negative trailing twelve-month return on equity of 172.11% and a negative net margin of 379.35%. What ETFs hold Blend Labs' stock? ETFs with the largest weight of Blend Labs (NYSE:BLND) stock in their portfolio include Global X FinTech Thematic ETF (FINX), What guidance has Blend Labs issued on next quarter's earnings? Blend Labs updated its second quarter 2023 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $39.50 million-$41.00 million, compared to the consensus revenue estimate of $39.96 million. When did Blend Labs IPO? (BLND) raised $340 million in an initial public offering on Friday, July 16th 2021. The company issued 20,000,000 shares at $16.00-$18.00 per share. What is Blend Labs' stock symbol? Blend Labs trades on the New York Stock Exchange (NYSE) under the ticker symbol "BLND." Who are Blend Labs' major shareholders? Blend Labs' stock is owned by a number of retail and institutional investors. Top institutional shareholders include General Atlantic L.P. (8.20%), BlackRock Inc. (5.10%), ShawSpring Partners LLC (4.45%), State Street Corp (1.65%), Geode Capital Management LLC (1.40%) and FMR LLC (0.72%). Insiders that own company stock include Crystal Sumner, Jonathan Y Chan, Nima Ghamsari and Timothy J Mayopoulos. View institutional ownership trends. How do I buy shares of Blend Labs? Shares of BLND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Blend Labs' stock price today? One share of BLND stock can currently be purchased for approximately $0.92. How much money does Blend Labs make? Blend Labs (NYSE:BLND) has a market capitalization of $215.36 million and generates $235.20 million in revenue each year. The company earns $-720,170,000.00 in net income (profit) each year or ($3.26) on an earnings per share basis. How many employees does Blend Labs have? The company employs 1,546 workers across the globe. How can I contact Blend Labs? Blend Labs' mailing address is 415 KEARNY ST., SAN FRANCISCO CA, 94108. The official website for the company is www.blend.com. The company can be reached via phone at 650-550-4810 or via email at ir@blend.com. This page (NYSE:BLND) was last updated on 5/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Blend Labs, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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